Mortgage lender · Upper Marlboro, MD · LEI 549300KPBZCTMM3Y0061

NASA Federal Credit Union review: approval odds, rates and grade (2025)

NASA Federal Credit Union earns a B, better than most small mortgage lenders. It turned down 6.2% of the applications it decided on in 2025, which ranks in the 66th percentile for approval odds. Its median loan was priced 0.29 points above the average prime offer rate, ranking in the 48th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

907Applications2025
72.9%Originatedof applications
6.2%Decision denial ratenational 22.6%
7.25%Median ratenational 6.63%
$113MLoan volume41 states

NASA Federal Credit Union at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

5.6%Denial rate (all applications)-12.36 pts vs national
6.2%Denial rate (decided applications)-16.38 pts vs national
72.9%Origination rate+14.85 pts vs national
5.8%Withdrawn by applicant
3.6%Closed for incompleteness
7.25%Median interest rate+0.63 pts vs national
0.29Median rate spread (pts over APOR)+0.03 pts vs national
$125,000Median loan amount
$6,490Median total loan costs
$163kMedian applicant income
69%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

66th6.2% denied

Pricingmedian rate spread over APOR, weight 30%

48th0.29 pts

Processwithdrawn + incomplete share, weight 15%

60th9.5%

Closing coststotal loan costs ÷ loan amount, weight 10%

4th5.19% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20235884205.1%5.7%7.50%$72M
20245183716.4%7.3%7.25%$67M
20259076615.6%6.2%7.25%$113M

What NASA Federal Credit Union lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 141 16% · 5.0% denied
Refinance 193 21% · 3.6% denied
Cash-out refinance 40 4% · 5.0% denied
Home improvement 360 40% · 4.4% denied
Other / HELOC 173 19% · 11.0% denied

By loan type

Conventional 891 98% · 5.7% denied
FHA 8 1% · 0.0% denied
VA 8 1% · 0.0% denied

Also: 442 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 29 investment properties.

Why NASA Federal Credit Union denies applications

Primary reason reported for each of the 51 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 22 43%
Other 13 25%
Collateral 8 16%
Credit history 4 8%
Unverifiable information 2 4%
Employment history 1 2%
Insufficient cash 1 2%

How these reasons compare nationally →

Who gets approved at NASA Federal Credit Union

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k271432.0%
$50k – $100k126848.9%
$100k – $150k2301606.9%
$150k – $250k3422544.8%
Over $250k1681371.9%
Applicant ageApplicationsOriginatedDecision denial rate
25–3463445.6%
35–441951295.3%
45–542662096.8%
55–642331638.1%
65–74115873.8%
Over 7429233.9%

Where NASA Federal Credit Union lends

41 states and 245 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Maryland4323165.8%7.25%#101
Virginia114962.6%7.25%#275
Florida583610.3%7.25%#579
California42279.5%7.25%#548
North Carolina32246.3%7.25%#464
Georgia292210.3%8.00%#524
District of Columbia20145.0%7.25%#122
Texas18125.6%6.38%#873
Ohio14110.0%7.25%#573
Pennsylvania1397.7%7.25%#658
Arizona1290.0%7.25%#486
South Carolina970.0%8.00%#549
Colorado8612.5%7.25%#539
Indiana820.0%8.25%#587
Michigan770.0%8.00%#553
Tennessee7414.3%7.88%#687
Massachusetts660.0%7.63%#504
Minnesota6116.7%8.25%#528
Mississippi650.0%8.00%#322
Oregon650.0%7.50%#420
Delaware550.0%7.25%#313
Illinois530.0%9.00%#754
Louisiana520.0%6.88%#432
New Hampshire530.0%6.00%#334
Oklahoma540.0%7.00%#477
Washington5420.0%8.13%#537

Frequently asked questions

NASA Federal Credit Union denied 6.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 66th percentile of small mortgage lenders.

The most common reason NASA Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 43.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans NASA Federal Credit Union originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 0.29 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 16% of its applications were for home purchases, 26% for refinancing (including cash-out), and 59% for home improvement or other purposes. By loan type: 98% conventional, 1% FHA, 1% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with NASA Federal Credit Union. Data sources · Methodology